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Theranos lays off 43% of employees as it closes labs and wellness centers

Embattled medical testing company Theranos today said that it’s closing down clinical labs and Theranos Wellness Centers and thus cutting 340 employees in Arizona, California, and Pennsylvania. It had 790 employees in August, meaning the layoffs affect 43 percent of the company’s workforce. “We will return our undivided attention to our miniLab platform,” Theranos founder […]
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